Burns and Reid Ltd

Letting Fees

Full Management

Initial Set Up Fee of £450.00 plus vat and 10% of the monthly rent plus vat.

10% of monthly rent plus vat for subsequent months.

Property marketing on web site portals.

Accompanied viewings.

Tenants full referencing.

Inventory preparation.

6-month Tenancy Agreement

Processing and lodging of the deposit with The Deposit Protection Service

Monthly rent collection and issuing Landlord statements.

Management of property repairs maintenance

Property inspections (first one free, subsequent ones charged at £25.00 plus vat).

Inventory check out.

Let Only:

Set Up Fee, £350.00 plus vat or £500 plus vat to include check in inventory.

Includes:

Property marketing on website portals.

Accompanied viewings.

Tenants referencing.

6-month Tenancy Agreement.

Processing the first month’s rent and deposit and transferring to the Landlord.

Rent Collection

Initial set up fee of £450 plus vat and 7% of the first month’s rent plus vat.

7% of the monthly rent plus vat for subsequent months.

Property marketing on web site portals.

Accompanied viewings.

Tenants full referencing.

6-month Tenancy Agreement

Processing and lodging of the deposit with The Deposit Protection Service

Monthly rent collection and issuing Landlord statements.

Additional Fees:

Inventory preparation £150.00 for 3 or more-bedroom semi or detached properties, (if the property is not fully managed)

£125.00 for one- or two-bedroom apartments or terrace properties.

Check out inventory as above.

 Additional property visits £25.00 plus vat

Contract renewal £50.00 plus vat (for an existing tenant).

Deposit arbitration preparation from £50.00 depending on length of time taken, based on hourly rate of £50.00 plus vat

Re-let Fees

Fully managed properties £250.00 plus vat.

Let Only re-let: £350.00 includes inventory.